About Circles
Circles is a company based in Waltham (United States) founded in 1997 was acquired by Sodexo in October 2007. It operates as a Managed Services. Circles has raised $25.2 million across 2 funding rounds from investors including Sodexo, Hearst and TL Ventures. Circles offers products and services including Workplace Hospitality, Corporate Concierge, and Community Engagement. Circles operates in a competitive market with competitors including Tier 1 Performance, Alexander Mann Solutions, Aquent, Maritz and Mercuri Urval, among others.
- Headquarter Waltham, United States
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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Products & Services of Circles
Circles offers a comprehensive portfolio of products and services, including Workplace Hospitality, Corporate Concierge, and Community Engagement. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Personalized hospitality services are provided for workplace environments.
Concierge services are offered to reduce employee stress.
Community-building activities are organized to connect employees effectively.
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GM Team
2 people
Leadership Team
1 people
Human Resources and Administration
1 people
MD Team
1 people
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Funding Insights of Circles
Circles has successfully raised a total of $25.2M across 2 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in January 2002. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Series C — $10.0M
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First Round
First Round
(14 Feb 2000)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jan, 2002 | Amount | Series C - Circles | Valuation | Hearst | |
| Feb, 2000 | Amount | Series B - Circles | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Circles
Circles has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Sodexo, Hearst and TL Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Early-stage companies are invested in globally by TL Ventures.
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Stage-agnostic investments in US ventures are made by Trident Capital.
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Media conglomerate
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Circles
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Circles
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Circles Comparisons
Competitors of Circles
Circles operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Tier 1 Performance, Alexander Mann Solutions, Aquent, Maritz and Mercuri Urval, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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Management consulting services are provided for business performance enhancement.
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Talent acquisition and management services are provided to organizations.
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Staffing services are offered for marketing and creative professionals.
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Offers business events, loyalty rewards, and sales incentives across multiple sectors.
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Talent management services are provided to organizations worldwide.
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Circles
Frequently Asked Questions about Circles
When was Circles founded?
Circles was founded in 1997 and raised its 1st funding round 3 years after it was founded.
Where is Circles located?
Circles is headquartered in Waltham, United States. It is registered at Waltham, Massachusetts, United States.
Who is the current CEO of Circles?
Yohan Dehe is the current CEO of Circles.
Is Circles a funded company?
Circles is a funded company, having raised a total of $25.2M across 2 funding rounds to date. The company's 1st funding round was a Series B of $15.2M, raised on Feb 14, 2000.
What does Circles do?
Workplace hospitality and employee support services are delivered by Circles to improve employee experiences. Solutions are tailored for industries such as biotech, legal, healthcare, finance, technology, commercial real estate, and defense. Community engagement and personalized concierge services are offered to foster connection, reduce stress, and build inclusive workplace environments. With over 25 years of expertise, partnerships are formed globally to set standards for exceptional workplace experiences.
Who are the top competitors of Circles?
Circles's top competitors include Alexander Mann Solutions, Tier 1 Performance and Aquent.
What products or services does Circles offer?
Circles offers Workplace Hospitality, Corporate Concierge, and Community Engagement.
Who are Circles's investors?
Circles has 4 investors. Key investors include Sodexo, Hearst, TL Ventures, and Trident Capital.
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